Review & Outlook: Mathematically Possible - WSJ.com: "Scholars at the American Enterprise Institute examined what happens to the Tax Policy Center math when this error is corrected. AEI economic research associate Matt Jensen found that "Both of these exclusions largely benefit the wealthy, and, according to the Treasury Department, added together their repeal would net upwards of $90 billion that could be redistributed to lower-income individuals. That would go a long way towards balancing the supposed $86 billion windfall for the rich and tax hike on the middle class and poor, and it could make the impossible suddenly possible."Read More......
The AEI analysis warns that these numbers change from year to year, but it concludes that by eliminating these two deductions and a few other smaller ones, Mr. Romney can make his math add up. In other words, poof, no tax hike on the middle class."
Tuesday, August 14, 2012
Poof
Obama's Second Worst Fear: Old Videos Of Himself
Fact Check: Dems Lie about Ryan's Medicare Plan: "According to FactCheck.org, “Democrats are still hammering an old, and since replaced, GOP proposal, claiming it would ‘end Medicare,’ and cost seniors $6,000 more a year for their health care.”Heh. Read More......
The newest Republican budget, proposed by Ryan, keeps traditional Medicare — unlike his plan from 2011 — and the increased cost claim is no longer applicable. Ryan’s current plan offers a “premium support” alternative, where seniors would be granted a certain amount of money to use for Medicare, which would continue in its present form, or for alternative programs.
Also, as has been made abundantly clear by those interested in a fair discussion, none of Ryan’s suggestions would impact today’s retirees – or indeed anyone who is 55 or older. His plan does not kick in for ten years; a decade during which Medicare’s trustees, by the way, say the plan will not be “adequately financed.” A decade that will bring us to 2024, when the trust fund will go bankrupt. Yes, this is a program, as even President Obama has said, that begs for reform."
Monday, August 13, 2012
Out O Their Minds
The Fed's inflation 'solution'- MSN Money: "Now we have the Fed advocating that we pursue the same insane policies that have been the source of our economic ills -- as I noted earlier and have protested repeatedly for 17 years,. Does anyone in America really think that the inflation rate isn't high enough? Don't we all want lower prices?Read More......
It is just insane that the Fed (or its supporters) has a shred of credibility left. Historians are going to look back on this period and say people were literally out of their minds to fall all over themselves buying government paper -- bonds -- when nominal (and actual) rates were negative and while the Fed (and every other central bank) was intent on creating even more inflation."
The New China Syndrome
Instapundit » Blog Archive » MARK KITTO: Why I Am Leaving China. “The Communist Party of China has, from its very inception, en…: "MARK KITTO: Why I Am Leaving China. “The Communist Party of China has, from its very inception, encouraged strong anti-foreign sentiment. Fevered nationalism is one of its cornerstones. . . . The alternative scenario to a world dominated by an aggrieved China is hardly less bleak and illustrates how China already dominates the world and its economy. That is the increasing likelihood that there will be upheaval in China within the next few years, sparked by that property crash. When it happens it will be sudden, like all such events.”Read More......
Posted by Glenn Reynolds at 2:23 pm"
Nightmare (T-Shirt Edition)
Instapundit » Blog Archive » IN CASE YOU MISSED IT YESTERDAY: I QUOTE IOWAHAWK in my USA Today column on the Ryan choice. “Paul…: "IN CASE YOU MISSED IT YESTERDAY: I QUOTE IOWAHAWK in my USA Today column on the Ryan choice. “Paul Ryan represents Obama’s most horrifying nightmare: Math.”"
Read More......
Sunday, August 12, 2012
A Reminder
"How can you tell when a politician is lying? His lips are moving." -- Long since forgotten American political folk wisdom
Read More......
The Mentor
Watch the Exclusive Frank Marshall Davis Clip From Dinesh D‘Souza’s ‘2016’ Documentary | Video | TheBlaze.com: "In the clip, D’Souza takes viewers through the intriguing — some would argue disturbing — relationship between Obama and Davis. In the footage, D’Souza speaks, in detail, with Kengor about this connection and attempts to break it down for viewers."
Cheating -- It's Apparently What's For Breakfast Now
Wrongdoers Feel a ‘Cheater’s High’ - At Work - WSJ: "Ever wonder why workers do things like pad their expense reports or commit even worse financial fraud? Turns out that cheating, no matter how small, provides an immediate rush rather than remorse.I'm sure it will work out well for all of us... Read More......
In a series of experiments, a team of researchers found that acts of dishonesty, theft and fraud seem to cause what they term a “cheater’s high.”
The researchers say that cheating may provide not only financial benefits but also ample psychological rewards which may motivate people to behave unethically. Indeed, a recent survey of 500 senior managers by a British whistleblower law firm found that a quarter of respondents saw unethical conduct as a key to success."
Scrub-a-dub-dub
They're going to scrub away not just inconvenient pictures but you entire suburb while they're at it:
Kruglik-Obama Photo Scrubbed? - By Stanley Kurtz - The Corner - National Review Online: "Breitbart News has discovered that a picture of Barack Obama’s old community organizing mentor Mike Kruglik meeting with the president in the White House appears to have been scrubbed from the Building One America website. That picture used to be the first thing to greet new visitors to the site. Now it’s gone. Fortunately, you can see the photo as it was captured by Breitbart a couple of weeks ago here, and in today’s Breitbart story as well.
Readers of my new book, Spreading the Wealth: How Obama is Robbing the Suburbs to Pay for the Cities, will know that this picture was taken on the day Kruglik’s new community organization, Building One America, held a conference in the White House. That conference was part of an ambitious effort by Obama and Kruglik to undercut the political and economic independence of America’s suburbs. I tell the full story behind the picture in Spreading the Wealth. The tale extends from the decades-long political partnership between Obama and Kruglik right through to the current administration, and ultimately to Obama’s audacious second-term plans."
About That Deficit
Re: And Another Thing . . . - By Mario Loyola - The Corner - National Review Online: "Ramesh, the Obama team’s claim about Ryan voting for the “Bush economic policies that exploded our deficit” really is ludicrous. Here is the federal deficit as a percentage of GDP through the Bush and Obama years. (Source: White House historical tables):"
Saturday, August 11, 2012
Gazillions
What Rand Paul Learned From Secret Security Hearings - Reason.com: "Gazillions. That's the number of times the federal government has spied on Americans since 9/11 through the use of drones, legal search warrants, illegal search warrants, federal agent-written search warrants and just plain government spying. This is according to Sen. Rand Paul, R-Ky., who, when he asked the government to tell him what it was doing to violate our privacy, was given a classified briefing. The senator -- one of just a few in the U.S. Senate who believes that the Constitution means what it says -- was required by federal law to agree not to reveal what spies and bureaucrats told him during the briefing."And just think, no more torture or any bad, bad, bad Bush stuff like that either! No, wait...
Well, isn't it better after all that O Duce just has them -- and eventually us -- assassinated?
Much less messy for him don't you think? Read More......
No Disclaimer On This One
EDITORIAL: The Civil War of 2016 - Washington Times: "The scenario presented in Small Wars Journal isn’t a literary device but an operational lay-down intended to present the rationale and mechanisms for Americans to fight Americans. Col. Benson and Ms. Weber contend, “Army officers are professionally obligated to consider the conduct of operations on U.S. soil.” This is a dark, pessimistic and wrongheaded view of what military leaders should spend their time studying.Must not be a heresy then, huh? Read More......
A professor at the Joint Forces Staff College was relieved of duty in June for uttering the heresy that the United States is at war with Islam. The Obama administration contended the professor had to be relieved because what he was teaching was not U.S. policy. Because there is no disclaimer attached to the Small Wars piece, it is fair to ask, at least in Col. Benson’s case, whether his views reflect official policy regarding the use of U.S. military force against American citizens."
Friday, August 10, 2012
The Sheer Nastiness Of The Left
An American Gentleman - By Jay Nordlinger - The Corner - National Review Online: "I wager, my friend knows more about hardship and work and economics and the human spirit than all of Team Obama put together. Those “Occupy” people, the ones who defecate on police cars and so on? I’m sure they think they care more about people than a man like Jack does. They don’t have a clue.Read More......
It has been so long since I became a conservative, sometimes I have trouble remembering why I did. And then something will happen, and I’ll remember. A big part of it was the sheer nastiness of the Left — the “totalist” instinct, as WFB would say. The sheer, destructive viciousness. There is a debate to be had about statism versus free enterprise. It is an important debate, and people have long had it. They always will. But the Left seems to need to make the rest of us out to be monsters.
In coming years, there will be monuments to Barack Obama. There will be none to Jack, this splendid American gentleman — none except in the hearts of those who knew him. I certainly know which man I admire more."
The Evil Twin
Collusion between Obama for America and Priorities USA on ‘their’ lying Soptic ads. | RedState: "The Story So Far: two days ago, the Obama administration – using the fig-leaf/cutout of Super PAC Priorities USA – accused Mitt Romney of being a murderer because a company that Romney used to own closed down a steel mill (several years after Romney left that company) and that meant that the wife of the husband who lost his job at that steel mill (one Joe Soptic) didn’t have any insurance after the wife left her job several years after the layoff and several years after all of that the wife was diagnosed with cancer and then died. As Erick notes in the link above: if that’s an acceptable logic chain that legitimately leads one to a charge of murder, then (to give just one example) this administration murdered US Border Agent Brian Terry and Eric Holder needs to give himself up right now.Du'O. Why else would the media be furiously trying to bury this? Yup, because if we lived in a society of laws and not of men then Obama and his minions would be sitting behind bars for illegal political coordination. Read More......
But wait! It gets even more convoluted. You see, the Media is balking – absolutely balking - at taking this line of attack seriously, and the Obama administration has already done its best to distance itself from the Priorities USA ad, to the point where Obama for America (OfA) spokesman Stephanie Cutter denied that they had any knowledge of Soptic’s story.
So… who’s that voice at the end of this conference call, Stephanie? Your evil twin?"
Thursday, August 9, 2012
A Tax Raise I Can Support
Why not start with a 20% excise tax on the film industry? [Darleen Click] | protein wisdom: "Steven Spielberg, George Clooney and other 1%-centers of Hollywood just can’t get enough of Barry Obama and his plans to redistribute the wealth.
Well, guys and gals, time to put up or shut up. Time to lead the way or get out of the way. I mean, in the early 1950′s Hollywood continued to cheer on FDR’s 20% excise tax … right?"
B*llsh*t you morons. This is all just capitalist lies!
Let the 20% movie excise tax revocation expire!
/sarc Read More......
Friday, August 3, 2012
Road Warrior Is Here
Works and Days » California: The Road Warrior Is Here: "Sometimes, and in some places, in California I think we have nearly descended into Miller’s dark vision — especially the juxtaposition of occasional high technology with premodern notions of law and security. The state deficit is at $16 billion. Stockton went bankrupt; Fresno is rumored to be next. Unemployment stays over 10% and in the Central Valley is more like 15%. Seven out of the last eleven new Californians went on Medicaid, which is about broke. A third of the nation’s welfare recipients are in California. In many areas, 40% of Central Valley high school students do not graduate — and do not work, if the latest crisis in finding $10 an hour agricultural workers is any indication. And so on.I have not linked to VDH as much lately as I should. This is a RTWT to make up for it. He is a national treasure. Read More......
Our culprit out here was not the Bomb (and remember, Hiroshima looks a lot better today than does Detroit, despite the inverse in 1945). The condition is instead brought on by a perfect storm of events that have shred the veneer of sophisticated civilization. Add up the causes. One was the destruction of the California rural middle class."
Thursday, August 2, 2012
You Must Be At Least Twice As Shocked As I Am...
Ace of Spades HQ: "If you've become president, you didn't do that on your own. You didn't build that Teleprompter or program in that script. Someone else did that.... to find TOTUS reconditioned and back on stage. Heh. Read More......President Obama spoke to supporters in Florida this afternoon, but was careful to stick to his script, relying heavily on his teleprompters.
The president campaigned without teleprompters last month, when he made his controversial "you didn't build that" remark about business owners."
Wednesday, August 1, 2012
Only Dumber
The Obama Campaign: Like Demagoguery, Only Dumber | Power Line: "Well, Nancy, I have a few questions for you. Didn’t the Democratic House of Representatives pass a two-year extension of the Bush-era tax rates in 2010? And didn’t the Democratic Senate likewise pass a two-year extension of the same rates? And what president signed that extension of the Bush era tax rates–just like the one the House passed today–into law? Wasn’t that Barack Obama? So, when the Democrats extended the same rates in 2010, was it “reckless tax cuts for the wealthy?” Was it “putting millionaires and billionaires ahead of the middle class” when the Democrats did it? Back then, Barack Obama said it was a bad idea to raise taxes in a recession. What’s changed? Is Obama now willing to raise taxes because he thinks “the private sector is doing fine?” Or is this whole thing nothing but craven political posturing for November’s election?"2010? What 2010? I didn't see no 2010! Read More......
crOnybama
Instapundit » Blog Archive » TRANSPARENCY: W.H. declines to address off-site meetings. “Carney dodged questions about White Hou…: "TRANSPARENCY: W.H. declines to address off-site meetings. “Carney dodged questions about White House officials arranging official meetings at a coffee shop near the White House to avoid having names of who he was meeting with show up on official White House visitor logs.”Read More......
Posted by Glenn Reynolds at 10:55 pm"
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